News
Office leasing demand remains stable against economic headwinds
Office leasing demand remains stable against economic headwinds
Rents were at $48.7 per sq. ft., down 7.9% YoY.
Retail sales drop 7.1% YoY amidst consumption pattern shift
Mainland tourists opt for experiential and cultural consumption.
Industrial lease renewals to dominate in H2 2025: report
Lease renewals dominated leasing activity in Q4 2024.
English Schools Foundation leases Island Place offices
The two office floors comprise a total gross area of 40,380 square foot.
TAG appoints John Tsang as new senior advisor following Hong Kong office expansion
He was Hong Kong's former financial secretary from 2007 to 2017.
HK records 15 lease modifications in Q4 2024
The transactions included seven on Hong Kong Island, six in Kowloon, and four in the New Territories.
Gov’t opens application for Innovation & Technology Industry-Oriented Fund
The invitation outlines the preliminary proposed ITIF framework.
StashAway sees investment deposits double in 2024
Its HNW and emerging HNW were more likely to invest in a diversified portfolio.
Gov’t OKs new measures to facilitate young homebuyers
The three measures will enhance young buyers' chances of purchasing properties.
Mainland Chinese demand to help drive up home prices in 2025
In contrast, the outlook for the office rental market remains challenging.
Cathay Pacific is third safest full-service airline for 2025
Hong Kong Express claimed the top spot for the safest low-cost airline.
Hong Kong retail sales decline by 7% YoY in 10M 2024
However, mainland visitors were key drivers of retail sales, accounting for 12% in 2023-6M24.
Hong Kong Pharma prices IPO at $4 per share
Net proceeds will be used to enhance its supply chain systems and purchase warehouse equipment.
PolyU researchers develop self-stimulated mechanism for ejecting freezing droplets
This requires no external energy input and can work against gravity and wind.
Towngas, 3 others ink deal to innovate smart gas applications
It aims to enhance Hong Kong’s meter reading efficiency and data security.
HKSAR passport holders gain visa-on-arrival access to Saudi Arabia
They can now apply at six control points in the country.
TalkingData sets up regional headquarters in Hong Kong
It plans to cooperate with local enterprises to explore cross-sector data applications.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong
Hong Kong universities drive market shift: strategic acquisitions for student housing
Innovation at a Crossroads: Hong Kong's Needed Tech Transformation